SNAP Benefits Recipients in Marion County, SC
CBR45067SCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,962.00
Year-over-Year Change
-24.08%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Marion County, South Carolina. It is an important indicator of food insecurity and economic well-being in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SNAP Benefits Recipients in Marion County, SC trend tracks the total number of people receiving federal food assistance in this rural county. It provides insights into the level of need and reliance on social safety net programs within the local population.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Small Area Income and Poverty Estimates program.
Historical Context
Policymakers and social service providers use this trend to understand poverty and food access dynamics in Marion County and inform policy decisions.
Key Facts
- Marion County has a poverty rate of 25.6%, well above the national average.
- Over 17% of Marion County residents rely on SNAP benefits to afford food.
- SNAP participation in the county has increased by 8% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Marion County, South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into food insecurity and economic well-being in Marion County, which can inform policy decisions and social service programs.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Small Area Income and Poverty Estimates program.
Q: How is this trend used in economic policy?
A: Policymakers and social service providers use this trend to understand poverty and food access dynamics in Marion County and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, so there may be a delay in reflecting the most recent changes in SNAP participation.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Marion County, SC (CBR45067SCA647NCEN), retrieved from FRED.